Aurora Intents connects Solana wallets to Elara’s Ethereum yield

Aurora Intents has connected Solana wallets to Elara Finance’s Ethereum-based treasury product, allowing users to deposit stablecoins with one signature and approve staking with a second, according to Aurora Labs. Solana users can deposit into Elara and approve staking without switching to an Ethereum wallet. Elara issues elUSD on Ethereum, with sELUSD earning yield from stablecoin market making. Aurora Labs says the underlying NEAR Intents network has processed more than $34 billion. Withdrawals return stablecoins to the user’s Solana wallet after unstaking and redeeming the Ethereum tokens. Aurora Labs, in an Oct.

Source: crypto.news